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Dwarikesh Sugar reports net loss of Rs 9.21 crore in Q4

07 May 2018 Evaluate

Dwarikesh Sugar has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a net loss of Rs 9.21 crore for the quarter ended March 31, 2018 as compared to a net profit of Rs 45.97 crore for the same quarter in the previous year. Total income of the company has decreased by 23.23% at Rs 354 crore for quarter under review as compared to Rs 461.10 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a fall of 35.01% in its net profit at Rs 101.45 crore as compared to Rs 156.10 crore for the same period in the previous year. However, total income of company increased 16.14% at Rs 1,475.76 crore for year under review as compared to Rs 1,270.66 crore for the period ended March 31, 2017.


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